Investment bank Cowen has launched a digital assets division that will allow institutional customers to trade cryptocurrencies.that it will offer “full-service trade execution and custody solutions.” At this point, customers can trade between 16 tokens, including bitcoin, ethereum, solana, AAVE and USD Coin.
The company has been building up its infrastructure for the past few months ahead of the launch. It has partnered with Standard Custody and PolySign to provide custodial services.as a New York state-chartered trust. Around the same time, Cowen invested $25 million in PolySign, the parent company of Standard Custody.
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